On April 16, 2023, Securitize announced the acquisition, considerably broadening its operational portfolio in digital asset fund management. The integration aims to leverage improved fund administration and token issuance capabilities for institutional clients, mirroring traditional finance through blockchain.
Carlos Domingo, CEO of Securitize, stated that this acquisition consolidates their leadership in real-world asset tokenization, indicating the growing trend towards blockchain-based financial systems. The global tokenized asset market could soar to $18 trillion by 2033, representing significant growth opportunities.
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